Bulgaria’s export to non-EU countries grew by 44.1% in the first half of 2010 year-on-year, according to preliminary data of the National Statistical Institute. Thus, in January-June 2010, Bulgaria exported outside the EU goods and services worth a total of BGN 5.4 B. Over 50% of the Bulgarian non-EU exports went to Turkey, Serbia, Russia, [...]
Interivew of Novinite.com (Sofia News Agency) with Geoffrey Forden, a research associate at the Science, Technology and Global Security Working Group at the Massachusetts Institute of Technology. Dr. Forden has been at MIT since 2000 where his research includes the analysis of Russian and Chinese space systems as well as trying to understand how proliferators acquire [...]
Not unlike America, Bulgaria should seek to become more energy independent, according to US Ambassador in Sofia, James Warlick. Warlick spoke Thursday before the member of the American Chamber of Commerce in Bulgaria. He pointed out that America was dependent on Middle Eastern oil, while Bulgaria relied on natural gas solely from Russia. “The [...]
Bulgaria’s Economy and Energy Minister, Traicho Traikov, declared that there aren’t any disagreements between him and Finance Minister, Simeon Djankov. Traikov spoke in an interview for Darik radio Saturday, addressing reports that the two do not see eye to eye regarding the project to build a second Nuclear Power Plant (NPP) in the Danube [...]
The European Commission has approved the requested financial aid for construction gas pipeline connections from Bulgaria to Greece and Romania. This has been announced Friday night by the Bulgarian Ministry of Economy, Energy, and Transport. Thus, the Commission has approved the granting of EUR 45 M for the construction of a connection between the natural [...]
It will be down to the Bulgarians themselves to salvage the winter tourist season, just as it happened in the summer, operators have warned. Already, charter flights from Russia to Bulgaria for Christmas and New Year have been canceled because of problems with issuing Bulgarian visas to Russian citizens, Donka Sokolova, chairwoman of the Bulgarian [...]
Bulgaria and Azerbaijan signed two energy cooperation memorandums in Sofia Friday in the presence of the two country’s Presidents, Georgi Parvanov, and Ilham Aliyev. One of the documents was signed by Bulgaria’s Ministry of Economy, Energy, and Tourism, and Azerbaijan’s Ministry of Energy and Industry, the other one – by Bulgartransgaz, subsidiary of Bulgaria’s gas [...]
Ukraine has paid Russia for the October 2009 natural gas supplies, which has assuaged fears about the breakup of a new gas crisis between the two states not unlike the one in January. The news was announced Friday by Ukrainian Prime Minister, Yulia Tymoshenko, during her visit to the Eastern Ukrainian city of Mariupol. In [...]
Real estate property in Bulgaria is the most sought after by Russian buyers, according to data of the Russian company MIEL’ Distant Property Management. The company, whose portfolio includes real estate offers in 20 countries, has released data saying that in the third quarter of 2009 25% of all inquiries it received were for properties [...]
The Russian side has supplied Bulgaria with detailed information on its plans for the expansion of the South Stream gas transit pipeline project. This has been announced by the Russian Ministry of Energy after Thursday’s meeting in Moscow between Bulgaria’s Minister of Energy, Economy, and Tourism, Traicho Traikov, and the Russian Energy Minister, Sergei Shmatko. [...]
World Bank President Heaps High Praise on Bulgarian Govt
Bulgarian State Companies with New Orders for Bank Selection
World Bank President Robert Zoellick Heads for Bulgaria
Bulgaria Consolidates Control of Finance, Customs, Tax Authorities
Average Wage in Bulgaria Up 9% Q2 Y/Y
Bulgaria with Staggering Export Growth to Non-EU States in 2010 H1
Bulgarian State Railroads to Request Loan from World Bank
